Augmented reality
This technology essentially involves layering information over a particular screen-based view of the world. A wide variety of iPhone apps use this technique to supplement the view you can see through the lens of your phone's camera with all manner of useful, semi-transparent objects, from directions to restaurant reviews. At the moment, the potential of this technology outweighs stunning examples. The instant translation of Word Lens is one of the most remarkable, though it is only available in English and Spanish.
Biometric passports
Biometrics uses physical traits and our behaviour to confirm we are who we say we are. Fingerprints, facial recognition and iris scans are being used to verify the identities of travellers in the passports issued by many countries. As many traits start to be used at once ("multimodal" techniques), biometrics will help people pass through borders more quickly. Yet it has not been entirely welcomed: passports have become more expensive as a result and concerns about the security and privacy of the data handled by governments abound.
Couchsurfing
Since 2004, the international network www.couchsurfing.org has helped match people with a spare couch or bed with people who want to stay somewhere for free. The website has almost three million members in 246 countries. If you prefer more privacy and want to know a bit more about what you are letting yourself in for, a slew of companies has started to offer a similar but paid service for short-term apartment rentals and sublets. One of the most popular, www.airbnb.com, has places to stay in 16,023 cities in 186 countries for much less than a hotel.
Data
When using services such as Facebook, Gmail or Dropbox, we are no longer storing data on our computers. Instead it resides - to use a rather nebulous slogan - "in the cloud". The benefits for travellers are undeniable: you can check your email anywhere and you don't have to lug heavy equipment around. But such an approach often means relinquishing certain rights over the data. Most of us have yet to appreciate what this means, but when, for example, we see our personal information appearing in adverts, the potential problems become clearer.
E-readers
Devices such as Amazon's Kindle, Apple's iPad and Sony's eReader put an end to decisions about which books to take on holiday. Yet it is doubtful they have led to many more books being read while travelling. They create a surfeit of tomes whose burden weighs more heavily than the 600-or-so grams of the slender device that houses them. But faced with a decision between Dostoevsky, Flaubert or JK Rowling, the choice can be so paralysing you end up playing Angry Birds instead.
Free
From travel guides (see Virtual guides) to accommodation (see couchsurfing), it has become common to expect something for nothing in travel. This is an amplified version of the benevolence that has been part of travel for centuries, from pilgrimage to hitchhiking. Yet this complimentary approach has another aspect. Many free services - from Google to Facebook - make money from a remarkable sleight of hand: they turn the consumer into the product being sold.
Google maps
Cartography has changed recently with the liberalisation of data from satellites in orbit above the Earth. The view from space is all-seeing, all-knowing. Google Maps puts this omniscient power at our fingertips for free. The result is a work of art that borders on a masterpiece. In just six years it has changed how we can view the world. Check out the websites www.robotflaneur.com or www.googlesightseeing.com for examples of how Google's mapping services can be used for virtual sightseeing.
Hipmunk
Does anyone use a travel agent anymore, at least to book flights? After all, you can buy a ticket for most airlines directly through their websites. Flight search websites, such as www.skyscanner.com and www.travelsupermarket.com make this process much easier: they check your criteria against a range of websites and bring back the best options. Hipmunk (www.hipmunk.com) organises the results into a colourful chart that you can filter by price, duration and "agony".
Images
"Take nothing but photos, leave nothing but footprints" sounds innocuous enough as a mantra for travel, but anyone who has seen tourists jostling to pose for a shot in front of a famous monument may start to think differently. Shot is such an apt term: people stand as if in front of a firing squad and, upon returning home, display the images like the trophies of a game hunter. In fact, the image is rapidly becoming the focus of travel - the click of the digital camera is changing the experience of travel completely.
Jet engines
The tedium foisted on air travel by its operators is partly to assuage the scariness of jet travel. Instead of contemplating the view from the window, we are encouraged to reach a state of numbness by watching films and playing games on glowing rectangles in the backs of chairs. When you start to think about the physical details of flight - hundreds of tonnes of metal rising into the air, powered by jet engines, flying 10,000m above the ground - it starts to regain some of its magic. Next time you fly, remember this: jet engines are one of the most remarkable travel technologies invented.
Kilowatts
With 12 different types of mains plugs in use around the world and a variety of leads needed to recharge cameras, phones and computers, you can quickly end up with a spaghetti of wires in your bag. New ways to feed the appetite for power are emerging. Solar chargers, such as the Solarroll (www.bruntonoutdoor.com), are starting to provide enough power in a convenient way, while hydrogen cartridges, such as the HydroStik (www.horizonfuelcell.com), are emerging as an efficient, less environmentally hazardous alternative to traditional batteries.
Location data
Most people had an inkling that their iPhones knew where they were at a particular time. The extent to which the device was tracking its user's movements became clear in April with the discovery of a file called "consolidated.db". Implemented with iOS4, it contains details about the iPhone's movements (latitude, longitude and time stamp), which can be plotted on a map. Apple quickly provided a solution to turn the feature off, but if you have an iPhone and want to see where you've been, go to http://petewarden.github.com/iPhoneTracker (Mac only).
Mobile
Mobile phones are much more than portable telephones. Apple's iPhone encourages developers to create useful applications to sell through the App Store, which currently has 14,973 apps in the travel section, providing everything from train times to city guides. Google's Android mobile operating system, used by manufacturers such as HTC, Motorola and Samsung, is starting to challenge Apple's dominance. In time, competition will lead to even more innovative tools for travellers.
Networked urbanism
Modern cities are interconnected urban networks that store data such as information about subway use in New York, statistics from traffic cameras on a busy Bangkok road or the automated Twitter account of London Bridge posting messages in the first person as it opens and closes (see @twrbrdg_itself for more details). Collecting and using the data produced by metropolises has started to blur the boundaries between the physical and the virtual.
Offline
Free Wi-Fi access in hotels still seems like a boon. But there's a growing feeling that being continually connected to the internet might not be such a good thing. It is certainly distracting, as illustrated by the popularity of programs such as www.macfreedom.com, which lock your internet access for a certain amount of time to help you to concentrate on work. If this concept expands, travel will increasingly become an escape in a different way - it will be an escape from the online world.
Panopticon
The panopticon was a circular building devised by the 18th-century British philosopher Jeremy Bentham to allow prison officials to watch inmates without their knowing. The concept was made famous by the 20th-century French philosopher Michel Foucault when he used it as a metaphor for modern society. It has become relevant once again with the rise of websites such as Facebook, where users are on show and always being seen without being aware of the extent of that vision (see Offline).
QR codes
QR (Quick Response) codes are like bar codes that can be read by the camera in a mobile phone. They can be used on the packaging of products to inform someone about a promotion or in newspapers to direct a reader to a website. Popular in Japan since they were developed in 1994, QR codes are yet to fulfil their potential despite excellent examples of their use. Tesco in South Korea created virtual shops in subways to allow people to add items to their online cart for delivery.
Report
Nicholas Felton (www.felton.com) has been creating Personal Annual Reports since 2005. While the corporate reports are glossy tedium, his personal reports bristle with wit and humanity. It turns out that compiling personal data over a year helps us evaluate our experiences in a better way. Seeing all the locations we have visited, for example, gives us the bigger picture of a year's travel. Felton is the co-founder of Daytum (www.daytum.com), a service to help you create your own reports.
Search
Google's search engine was good because it worked. But as the importance of being at the top of search results increased, companies began to use search engine optimisation (SEO). As a result, many search results have started to feel unsatisfactory. Travel queries about hotels and flights are particular prone to manipulation. Luckily, other ways of finding results are emerging. With technologies such as local search and social search, results based on our location and the preferences of our friends will become increasingly important when travelling.
Ticketless
Despite developments such as online check-in and baggage drop-off, flying remains irksome and bureaucratic. When so much of travel has become self-service, from booking tickets to collecting luggage, it seems anachronistic to queue up at a desk with a piece of paper to check in. Qantas "next generation" check-in is an attempt to streamline this process, and uses baggage tags with microchips and touchscreen poles at airports. It works well but it is not ticketless yet: you still have to print a ticket to board the plane.
Undiscovered
Is there anywhere left in the world that has not been visited or photographed or documented in some way? With new ways to seek out travel information (see Search) and a diminished sense of scale in the world (see Zoom), "undiscovered" places tend to be political, such as North Korea, or difficult to reach, such as Easter Island. Even these rarefied zones are well represented on Flickr, the image-sharing website. No doubt technology has made such places endangered, perhaps even pushing them to the brink of becoming extinct.
Virtual guides
With the emergence of online platforms on which to read and publish up-to-date travel data, books by publishers such as Lonely Planet and Rough Guide have been rendered stale as soon as they hit the shelves. Many of these companies publish online guides, and are seeking different roles in our travels. But carrying a guide feels more like having a travel companion. It reveals the history of a place's ups and downs much more clearly than online guides. It remains to be seen whether these qualities will save the guide from becoming solely virtual.
Wi-Fi
While travelling, Wi-Fi presents a complicated situation. Despite initial idealism about free Wi-Fi for all on a community-wide basis, many Wi-Fi services are now password-protected or cost money. Airport Wi-Fi ranges from free to extortionate (try sitting near a business-class lounge for a free, unsecured Wi-Fi network). Huawei MiFi is a device that provides a way to create a Wi-Fi hot spot using a 3G data connection. Some Android phones and iPhones have this feature, but you may have to pay extra with your mobile service provider.
X-rays
Security screening is becoming ever-tighter in response to terrorist attacks. Until a few years ago, X-ray machines were used to scan luggage, while passengers passed through a metal detector. In 2007 airports began to use full-body scanning machines, which use X-rays to see beneath a passenger's clothing. Although the machines help to improve security, there have been concerns about the damage to health caused by X-rays as well as the intrusion of privacy, particularly after images from the scans were published online.
You
Technology has led to the democratisation of travel. So much of the travel process has become self-service, from flights (see Hipmunk) to check in (see Ticketless). It has also brought the opinions of every traveller to the fore. Newspapers publish readers' tips and photographs. TripAdvisor and other websites publish reviews of flights, hotels and restaurants. We upload videos from our iPhone to Youtube. Ironically, as individual voices become more numerous, it is the opinion of the crowd (in metrics such as average rating) that holds the most sway.
Zoom
The yotta (10 to the power of 24) was introduced as the largest unit of measurement in 1991. It is used for things such as the diameter of the known universe. No doubt such mind-boggling dimensions have influenced our concepts of distance. Yet it is the effects of being able to easily manipulate scale (zoom in and zoom out on digital maps) and traverse the globe in a day or two (travelling by air) that have changed our physical understanding of space. These different types of zoom have, to adopt a cliché, made the world seem a smaller place.
ENGLAND SQUAD
Goalkeepers Henderson, Pickford, Pope.
Defenders Alexander-Arnold, Chilwell, Coady, Dier, Gomez, Keane, Maguire, Maitland-Niles, Mings, Saka, Trippier, Walker.
Midfielders Henderson, Mount, Phillips, Rice, Ward-Prowse, Winks.
Forwards Abraham, Barnes, Calvert-Lewin, Grealish, Ings, Kane, Rashford, Sancho, Sterling.
UAE FIXTURES
October 18 – 7.30pm, UAE v Oman, Zayed Cricket Stadium, Abu Dhabi
October 19 – 7.30pm, UAE v Ireland, Zayed Cricket Stadium, Abu Dhabi
October 21 – 2.10pm, UAE v Hong Kong, Zayed Cricket Stadium, Abu Dhabi
October 22 – 2.10pm, UAE v Jersey, Zayed Cricket Stadium, Abu Dhabi
October 24 – 10am, UAE v Nigeria, Abu Dhabi Cricket Oval 1
October 27 – 7.30pm, UAE v Canada, Zayed Cricket Stadium, Abu Dhabi
October 29 – 2.10pm, Playoff 1 – A2 v B3; 7.30pm, Playoff 2 – A3 v B2, at Dubai International Stadium.
October 30 – 2.10pm, Playoff 3 – A4 v Loser of Play-off 1; 7.30pm, Playoff 4 – B4 v Loser of Play-off 2 at Dubai International Stadium
November 1 – 2.10pm, Semifinal 1 – B1 v Winner of Play-off 1; 7.30pm, Semifinal 2 – A1 v Winner of Play-off 2 at Dubai International Stadium
November 2 – 2.10pm, Third place Playoff – B1 v Winner of Play-off 1; 7.30pm, Final, at Dubai International Stadium
england euro squad
Goalkeepers: Dean Henderson (Man Utd), Sam Johnstone (West Brom), Jordan Pickford (Everton)
Defenders: John Stones (Man City), Luke Shaw (Man Utd), Harry Maguire (Man Utd), Trent Alexander-Arnold (Liverpool), Kyle Walker (Man City), Tyrone Mings (Aston Villa), Reece James (Chelsea), Conor Coady (Wolves), Ben Chilwell (Chelsea), Kieran Trippier (Atletico Madrid)
Midfielders: Mason Mount (Chelsea), Declan Rice (West Ham), Jordan Henderson (Liverpool), Jude Bellingham (Borussia Dortmund), Kalvin Phillips (Leeds)
Forwards: Harry Kane (Tottenham), Marcus Rashford (Man Utd), Raheem Sterling (Man City), Dominic Calvert-Lewin (Everton), Phil Foden (Man City), Jack Grealish (Aston Villa), Jadon Sancho (Borussia Dortmund), Bukayo Saka (Arsenal)
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
The specs: 2018 Chevrolet Equinox
Price, base / as tested: Dh76,900 / Dh110,900
Engine: 2.0L, turbocharged in-line four-cylinder
Gearbox: Nine-speed automatic
Power: 252hp @ 5,500rpm
Torque: Torque: 352Nm @ 2,500rpm
Fuel economy, combined: 8.5L / 100km
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Profile of Udrive
Date started: March 2016
Founder: Hasib Khan
Based: Dubai
Employees: 40
Amount raised (to date): $3.25m – $750,000 seed funding in 2017 and a Seed round of $2.5m last year. Raised $1.3m from Eureeca investors in January 2021 as part of a Series A round with a $5m target.
'Joker'
Directed by: Todd Phillips
Starring: Joaquin Phoenix
Rating: Five out of five stars
THE BIO
Favourite book: ‘Purpose Driven Life’ by Rick Warren
Favourite travel destination: Switzerland
Hobbies: Travelling and following motivational speeches and speakers
Favourite place in UAE: Dubai Museum
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The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
How Filipinos in the UAE invest
A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.
Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).
Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.
The Bio
Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity
Results
5pm: Maiden (PA) Dh80,000 (Turf) 1,200m, Winner: ES Rubban, Antonio Fresu (jockey), Ibrahim Aseel (trainer)
5.30pm: Handicap (PA) Dh85,000 (T) 1,200m, Winner: Al Mobher, Sczcepan Mazur, Ibrahim Al Hadhrami
6pm: Handicap (PA) Dh80,000 (T) 2,200m, Winner: Jabalini, Tadhg O’Shea, Ibrahim Al Hadhrami
6.30pm: Wathba Stallions Cup (PA) Dh70,000 (T) 2,200m, Winner: AF Abahe, Tadgh O’Shea, Ernst Oertel
7pm: Handicap (PA) Dh85,000 (T) 1,600m, Winner: AF Makerah, Tadhg O’Shea, Ernst Oertel
7.30pm: Maiden (TB) Dh80,000 (T) 1,600m, Winner: Law Of Peace, Tadhg O’Shea, Satish Seemar
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
Changing visa rules
For decades the UAE has granted two and three year visas to foreign workers, tied to their current employer. Now that's changing.
Last year, the UAE cabinet also approved providing 10-year visas to foreigners with investments in the UAE of at least Dh10 million, if non-real estate assets account for at least 60 per cent of the total. Investors can bring their spouses and children into the country.
It also approved five-year residency to owners of UAE real estate worth at least 5 million dirhams.
The government also said that leading academics, medical doctors, scientists, engineers and star students would be eligible for similar long-term visas, without the need for financial investments in the country.
The first batch - 20 finalists for the Mohammed bin Rashid Medal for Scientific Distinction.- were awarded in January and more are expected to follow.
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%3Cp%3EThe%20Royal%20Navy%20raid%20is%20the%20latest%20in%20a%20series%20of%20successful%20interceptions%20of%20drugs%20and%20arms%20in%20the%20Gulf%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMay%2011%3A%20%3C%2Fstrong%3EUS%20coastguard%20recovers%20%2480%20million%20heroin%20haul%20from%20fishing%20vessel%20in%20Gulf%20of%20Oman%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMay%208%3A%3C%2Fstrong%3E%20US%20coastguard%20vessel%20USCGC%20Glen%20Harris%20seizes%20heroin%20and%20meth%20worth%20more%20than%20%2430%20million%20from%20a%20fishing%20boat%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMarch%202%3A%3C%2Fstrong%3E%20Anti-tank%20guided%20missiles%20and%20missile%20components%20seized%20by%20HMS%20Lancaster%20from%20a%20small%20boat%20travelling%20from%20Iran%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOctober%209%2C%202022%3A%20%3C%2Fstrong%3ERoyal%20Navy%20frigate%20HMS%20Montrose%20recovers%20drugs%20worth%20%2417.8%20million%20from%20a%20dhow%20in%20Arabian%20Sea%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESeptember%2027%2C%202022%3A%3C%2Fstrong%3E%20US%20Naval%20Forces%20Central%20Command%20reports%20a%20find%20of%202.4%20tonnes%20of%20heroin%20on%20board%20fishing%20boat%20in%20Gulf%20of%20Oman%C2%A0%3C%2Fp%3E%0A
Panipat
Director Ashutosh Gowariker
Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment
Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman
Rating 3 /5 stars
The past Palme d'Or winners
2018 Shoplifters, Hirokazu Kore-eda
2017 The Square, Ruben Ostlund
2016 I, Daniel Blake, Ken Loach
2015 Dheepan, Jacques Audiard
2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan
2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux
2012 Amour, Michael Haneke
2011 The Tree of Life, Terrence Malick
2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul
2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke
2008 The Class (Entre les murs), Laurent Cantet
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Australia World Cup squad
Aaron Finch (capt), Usman Khawaja, David Warner, Steve Smith, Shaun Marsh, Glenn Maxwell, Marcus Stoinis, Alex Carey, Pat Cummins, Mitchell Starc, Jhye Richardson, Nathan Coulter-Nile, Jason Behrendorff, Nathan Lyon, Adam Zampa
Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
'The Batman'
Stars:Robert Pattinson
Director:Matt Reeves
Rating: 5/5
Juliet, Naked
Dir: Jesse Peretz
Starring: Chris O'Dowd, Rose Byrne, Ethan Hawke
Two stars
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Quarter-finals
Saturday (all times UAE)
England v Australia, 11.15am
New Zealand v Ireland, 2.15pm
Sunday
Wales v France, 11.15am
Japan v South Africa, 2.15pm
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
Torque: 859Nm
Transmission: Single-speed automatic
Price: From Dh825,900
On sale: Now
The Saudi Cup race card
1 The Jockey Club Local Handicap (TB) 1,800m (Dirt) $500,000
2 The Riyadh Dirt Sprint (TB) 1,200m (D) $1.500,000
3 The 1351 Turf Sprint 1,351m (Turf) $1,000,000
4 The Saudi Derby (TB) 1600m (D) $800,000
5 The Neom Turf Cup (TB) 2,100m (T) $1,000,000
6 The Obaiya Arabian Classic (PB) 2,000m (D) $1,900,000
7 The Red Sea Turf Handicap (TB) 3,000m (T) $2,500,000
8 The Saudi Cup (TB) 1,800m (D) $20,000,000
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
MIDWAY
Produced: Lionsgate Films, Shanghai Ryui Entertainment, Street Light Entertainment
Directed: Roland Emmerich
Cast: Ed Skrein, Woody Harrelson, Dennis Quaid, Aaron Eckhart, Luke Evans, Nick Jonas, Mandy Moore, Darren Criss
Rating: 3.5/5 stars
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059